Modern Threads (India) (NSE:MODTHREAD) Effective Interest Rate on Debt %: 11.49% (As of Mar. 2026)

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NSE:MODTHREAD Modern Threads (India) Ltd NSE:MODTHREAD
38 GF Score
Price ₹47.50
! 3 Warning Signs
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What is Modern Threads (India) Effective Interest Rate on Debt %?

Modern Threads (India) NSE:MODTHREAD -0.69% 38 Effective Interest Rate on Debt % is 11.49% as of Mar. 2026. GuruFocus rates NSE:MODTHREAD with a GF Score™ of 38/100. The stock has 3 warning signs investors should review.

Effective Interest Rate on Debt % is the usage rate that a borrower actually pays on a debt. It is calculated as the positive value of Interest Expense divided by its average total debt. Total debt equals to Long-Term Debt & Capital Lease Obligation plus Short-Term Debt & Capital Lease Obligation. Modern Threads (India)'s annualized positive value of Interest Expense for the quarter that ended in Mar. 2026 was ₹38 Mil. Modern Threads (India)'s average total debt for the quarter that ended in Mar. 2026 was ₹327 Mil. Therefore, Modern Threads (India)'s annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2026 was 11.49%.


Modern Threads (India)  (NSE:MODTHREAD) Effective Interest Rate on Debt % Explanation

Effective Interest Rate on Debt % measures the usage rate that a borrower actually pays on a debt.


Modern Threads (India) Effective Interest Rate on Debt % Related Terms


Modern Threads (India) Effective Interest Rate on Debt % Historical Data

* Premium members only.

The historical data trend for Modern Threads (India)'s Effective Interest Rate on Debt % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Modern Threads (India) Effective Interest Rate on Debt % Chart

Modern Threads (India) Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.05 3.12 51,502.70 11.75 11.07

Modern Threads (India) Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Effective Interest Rate on Debt % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.08 8.48 8.67 17.08 11.49

Modern Threads (India) Effective Interest Rate on Debt % Competitor Comparison

For the Textile Manufacturing subindustry, Modern Threads (India)'s Effective Interest Rate on Debt %, along with its competitors' market caps and Effective Interest Rate on Debt % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Modern Threads (India) Effective Interest Rate on Debt % vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Modern Threads (India)'s Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Modern Threads (India)'s Effective Interest Rate on Debt % falls into.


NSE:MODTHREAD
38GF Score
Modern Threads (India) Ltd NSE:MODTHREAD
Effective Interest Rate on Debt % is just one metric. See GF Score™, valuation, warning signs, and more.
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Modern Threads (India) Effective Interest Rate on Debt % Calculation

Modern Threads (India)'s annualized Effective Interest Rate on Debt % for the fiscal year that ended in Mar. 2026 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Mar. 2025 )+Total Debt  (A: Mar. 2026 ))/ count )
=-1  *  -29.722/( (210.463+326.606)/ 2 )
=-1  *  -29.722/268.5345
=11.07 %

where

Total Debt  (A: Mar. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.103 + 210.36
=210.463

Total Debt  (A: Mar. 2026 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.1 + 326.506
=326.606

Modern Threads (India)'s annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2026 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2025 )+Total Debt  (Q: Mar. 2026 ))/ count )
=-1  *  -37.512/( (0+326.606)/ 1 )
=-1  *  -37.512/326.606
=11.49 %

where

Total Debt  (Q: Mar. 2026 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.1 + 326.506
=326.606

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Effective Interest Rate on Debt %, the Interest Expense of the last fiscal year and the average total debt over the fiscal year are used. In calculating the quarterly data, the Interest Expense data used here is four times the quarterly (Mar. 2026) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

What does a Effective Interest Rate on Debt % of 11.49% mean?
Modern Threads (India) (NSE:MODTHREAD) has a Effective Interest Rate on Debt % of 11.49% as of Mar. 2026. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Modern Threads (India) and its competitors.
Is Modern Threads (India)'s Effective Interest Rate on Debt % too high?
Modern Threads (India)'s current Effective Interest Rate on Debt % is 11.49%. Overall, Modern Threads (India) has a GF Score™ of 38/100, reflecting its overall financial health beyond just this single metric.
How does Modern Threads (India)'s Effective Interest Rate on Debt % compare to competitors?
Modern Threads (India)'s Effective Interest Rate on Debt % of 11.49% can be compared against companies in the Manufacturing - Apparel & Accessories industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Effective Interest Rate on Debt % for a Manufacturing - Apparel & Accessories company?
A good Effective Interest Rate on Debt % depends on the Manufacturing - Apparel & Accessories industry context. However, Effective Interest Rate on Debt % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Effective Interest Rate on Debt % mean?
A high Effective Interest Rate on Debt % can signal that a stock is expensive relative to its fundamentals. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Modern Threads (India) and its competitors. Modern Threads (India)'s current Effective Interest Rate on Debt % is 11.49%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Modern Threads (India) stock overvalued right now?
Modern Threads (India) (NSE:MODTHREAD) has a current Effective Interest Rate on Debt % of 11.49%. The current Effective Interest Rate on Debt % is 11.49%. Modern Threads (India)'s overall GF Score™ is 38/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Effective Interest Rate on Debt % calculated?
Effective Interest Rate on Debt % is calculated from a company's financial statements. For Modern Threads (India) (NSE:MODTHREAD), the current Effective Interest Rate on Debt % is 11.49% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Modern Threads (India) Business Description

Other Exchanges 500282:India
Address Unit: Modern Woollens, Hamirgarh Road, Pragati Path, Near Transport Nagar, Bhilwara, RJ, IND, 311001
Modern Threads (India) Ltd is engaged in the textile industry, manufacturing and selling a diverse products, including worsted yarn, wool tops, wool grease, polyester viscose fiber-dyed yarn, polyester yarn, and lanolin. The company mainly produces worsted yarn, wool tops, and synthetic yarn. Its products are exported to over 25 countries across Europe, Latin America, the Far East, the Middle East, and Africa. Its manufacturing plants are located in Raila and Bhilwara. The company has generated the majority of its revenue from India.
38GF Score

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Effective Interest Rate on Debt % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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